Monday, November 12, 2007

Nice Job

Our economy is truly in the hands of greedheads with no basis in reality:

Together, former Merrill chief executive E. Stanley O'Neal and former Citigroup chief executive Charles O. Prince have lost more than $20 billion in company money. Yet they left with $360 million in their own pockets.

http://www.washingtonpost.com/wp-dyn/content/article/2007/11/09/AR2007110901563.html?hpid=opinionsbox1


As one of the little people who tries to get by on around 20k a year, I have a hard time wrapping my head around these numbers and the belief behind them. What skills do you need to lose billions of dollars? And why are those skills worth millions?

1 comment:

fairlane said...

Why don't they ever lose this money in a place where I can find it?